Tuesday, August 25, 2015

US markets will get cheaper coming ahead

The bank credit analysts said there will be a bloodbath in emerging economies -- we already had one to a large extent. If you adjust the poor market performance and the currency weakness, probably more to come but I don’t believe the U.S. will not be affected at all and I would look at valuations. Valuations are not exactly cheap in emerging markets but they are becoming reasonable… I think the U.S. will be the last to unfold.

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